MCBC Expects to Close Crest Marine Acquisition By the End of the Year


MasterCraft Boat Holdings, Inc., the parent of MasterCraft and NauticStar, announced its plans to finish the takeover of Crest marine by the fourth quarter. Crest Marine, a Michigan pontoon boatbuilder, was acquired for $80 million.

“This is a uniquely positioned brand, giving us additional diversity and presence in two of the fastest-growing areas of the boating industry,” says Terry McNew, MasterCraft CEO.

Crest will amount for 15 percent of MCBC sales and had $65 million in net sales in 2017. From 2011 through 2017 the company has seen a combined growth rate of 23 percent.

The headquarters will remain in Owosso, Michigan. For more information, click here

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